Fee for service real estate, a discussion.
Seller clients are allowed to display a For Sale By Owner sign and show their homes to potential buyers but, if the eventual buyer is represented by a full service broker, they are still responsible for paying the commission. Another way to obtain a real estate commission discount is to engage a brokerage that offers time accountable, hourly real estate services. The customer pays a fee based on actual number of hours worked and level of services performed instead of paying a straight percentage based commission. If you think of it, you would not pay the same hourly rate for administrative or managerial tasks as you would for representation during contract negotiations, would you. As you can see, there are several ways that a savvy real estate customer can earn a commission discount.